£113,668
This estimated value is based upon the latest sale price for the house of £92,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£92,000 | 15 Nov 2019 |
£89,000 | 18 Aug 2017 |
£90,000 | 30 Nov 2007 |
£65,000 | 29 Jan 2003 |
£30,000 | 18 Dec 1998 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in November 2019 the House Price Index for CITY OF NOTTINGHAM was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £92,000 results in an estimated price of approximately £113,668.
15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £92,000 | £21,668 | £113,668 |
The Postcode Pricing Model uses changes in average sales price within the NG7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 34.125 % | £31,394 | £123,394 |
3 Month Average | 39.188 % | £36,053 | £128,053 |
6 Month Average | 21.817 % | £20,071 | £112,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 May 2024 | £275,000 | £275,000 | 51 BEECH AVENUE |
19 Apr 2024 | £122,060 | £121,000 | 46 ALMA STREET |
7 Mar 2024 | £162,497 | £160,000 | 19A ALBERTA TERRACE |
15 Dec 2023 | £113,487 | £110,000 | 1 IVY GROVE |
1 Nov 2023 | £215,469 | £210,000 | 9 ALMA STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 9 Feb 2015. Using an estimated price of £113,668 means this house is valued at £1,804 per sq meter (£167 per sq foot).
The average size of a house on IVY GROVE is 56 sq meters (604 sq feet).
This house is the largest in the street with a floor area of 63 sq meters (678 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Falcon Street |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Falcon Street |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Falcon Street |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Falcon Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Falcon Street |